After the US Federal Reserve's decision on not to taper with the present stimulus package the stock market and India Inc alike rejoiced to this decision which could be seen by the 687 point increase in the sensex.
Stocks and currencies in emerging markets led an Asian rally following the surprising decision by the US Federal Reserve to keep its massive stimulus programme intact. Asian stock markets alike Dalal Street's Sensex rose about 684 points making it a good rally Thursday.
Even as Apple reported a strong quarter, shares of Apple tumbled, and iPhone sales have not matched forecasts.
Its jubilation time at the Facebook headquarters! An ecstatic Mark Zuckerberg has confirmed that Facebook Inc is a favorite on the popularity charts this September, as it has crossed the 1 billion user mark. Facebook gives evidence of an aggressive global penetration depicting extraordinary accomplishment in 8 years time.
Business upheaval for Facebook Inc.! The popular social networking site drooped to a confirmed low on Friday after the price targets of the stocks were slashed by a couple of brokers.
The NASDAQ network was penetrated by hackers many times in the past year, according to a Wall Street Journal report.
I flew my waxy wings too close to the sun this year. I was feeling cocky after nailing 8 1/2 out of 9 predictions in 2009, so I decided to go out on longer limbs this year. Instead of general market trends or stock direction calls, I singled out specific buyouts and actual events. The aggressive prognostications burned me, largely. Two of mythree initial predictions panned out, but I whiffed badly on the additional five calls. In the spirit of full accountability, let's go over my three-for-eight performance this year.
Don't settle for ordinary quarterly reports. Every week I take a look at three companies that beat market expectations, since I believe that it's the biggest factor in a stock beating the market. Leaving Wall Street's pros with stunned expressions can be a good thing. It usually means the companies have more in the tank than analysts figured. Capital appreciation typically follows.